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Sproule and GPMI have adjusted our September 30, 2017 price forecast. Increased Asian demand resulting from low inventories and an anticipated cold winter has put upward pressure on propane prices. We anticipate this momentum will continue for the remainder of 2017, into 2018, and tailing off in 2019. We have increased our Propane outlook for these three years, with no change to our 2020 and beyond expectations.

The adjustments for the September 30, 2017 Sproule price forecast are outlined in the table below: